Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in July 2017.
In July 2017, there were 323 sales of single family homes and 640 active listings in the Greater Victoria. The benchmark sale price was $700,800 with an average days on market of 27. The hottest market for sales was Sannich East with 68 sales. There were also 30 sales and 163 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 243 sales, 269 active listings at the end of the month. The benchmark sale price was $433,200 with an average days on market of 23. The hottest market for sales was Victoria, 88 sales.
Townhome sales were 80, active listings were 93 and the benchmark sale price was $542,200. The average days on market were 22, and the hottest market was Langford with 22 sales.
It’s a seller’s market in Victoria.